Ruin Creek Road

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Ruin Creek Road

Henderson, NC 27537-8513
Asking Price
$199K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel spanning 1.963 acres for development.
  • Located on Ruin Creek Road in Henderson, North Carolina.
  • Offered for sale at an asking price of $199,000.
  • Positioned within a growing suburban market in the region.
  • Suitable for residential construction or long-term land investment.

What's Special

This residential land listing in Henderson, North Carolina, represents a notable acquisition for developers or individuals seeking a buildable plot in a growing suburban market. Situated on Ruin Creek Road, the 1.963-acre parcel provides a straightforward footprint for single-family residential projects or customized housing developments. The property benefits from the regional connectivity of Vance County, which maintains proximity to major transportation corridors serving the broader Raleigh-Durham metro area. Investors will find this asset well-positioned for residential expansion in a region characterized by consistent demand for housing inventory. With nearly two acres available, the site allows for flexible architectural planning and development layouts that capitalize on the natural surroundings of the Henderson landscape. Its location within the 27537 zip code ensures ease of access to local infrastructure and essential services, making it a practical choice for those evaluating long-term land holdings or immediate residential construction projects within the current market cycle.

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NOI
$80,000
Cap Rate
40.20%
DSCR
6.77
Strong
Cash-on-Cash
114.21%
Monthly Payment
$984.543
Annual Cash Flow
$68,185.479

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